Word: merger
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Dates: during 1920-1929
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...adverse ruling of the Interstate Commerce Commission with regard to the Van Sweringen railroad merger will probably tend to clarify matters in further transportation consolidation," Professor W. J. Cunningham, Professor of Transportation in the Business School, told a CRIMSON reporter last night in an interview on the recently proposed Nickel Plate merger. "The railroad builders can now know what to expect from the Commission, and thus have a better idea of how to proceed. More over it must be clearly understood that it was the financial and not the transportation side of the affair to which the Commission objected...
Professor Cunningham went on to say that for these reasons further general consolidation would probably be increased as a result of the decision. He also expressed the opinion that this particular merger would go through after a financial rearrangement, more advantageous to the stockholders of the Chesapeake & Ohio railway had been made between them and the Van Sweringens...
...courage and straight-forwardness of the Interstate Commerce Commission in its decision concerning the Nickel Plate merger must be highly praised. Federal discouragement of trusts is nothing now, to be sure, but it is a pleasant novelty to study the basis of the present manifesto. It will be remembered that Roosevelt wielded his "big stick" against the steel and the packing interests in something of an ostentatious manner. Always quick to cater to popular notions, the President found a new road to the people's heart in his campaign against the trusts...
...present decision has borne out what Roosevelt often preached but rarely practiced,--that there are good trusts as well as bad ones. The Commission has expressed its approval of the aim of the Van Sweringon merger, its objections have been of a purely economic nature. It has condemned the provisions that allow the Van Sweringon brothers to control 51 percent of the voting power while owning but 32 percent of the outstanding stock...
...entertaining merger of high society and low-brow prizefighting...